Most expensive home sold for $2.8M in Clovis
- Published on 12/26/2013 - 1:43 pm
- Written by Chuck Harvey, Business Journal writer
Continued economic growth in 2013 led to more high-end million dollar-plus homes being sold in the Central Valley.
In the Valley, the Multiple Listings Service keeps track of the top 20 most expensive homes sold during the year. This year three homes sold for more than $2 million and one just missed at $1.99 million.
Research done by luxury home sales specialist Paula Conner, agent for London Properties, found that in the last five years, 11 area homes sold for more than $2 million.
A 7,000 square foot home at 3402 Reno Ave. in Clovis took top high-end honors in 2013 with a purchase price of $2.8 million. Realtor Joe Sciarrone with London properties was the listing agent and Karen Avenell, sales associate for Coldwell Banker in Fresno was the selling agent.
Avenell, also selling agent for a $1.25 million home sale at 14408 E. Shepherd Ave. in Clovis, said the market for $1 million-plus homes was brisk in 2013 as more residents began shopping for them. Avenell said she has worked with many of the same clients for years and some had worked their way up to the luxury home market.
Others, already living in upscale homes, did some downsizing into smaller $1 million-plus homes. Many of the homes were purchased with cash, Avenell added.
For the 3402 Reno Ave. home, space and bedrooms were a major selling point.
Built in 2008, the home has five bedrooms and five-and-a-half baths. It sits on six acres.
Date of sale was July 9.
The sales price tops the highest price paid in 2012 for a central San Joaquin Valley home. That home was located on Pinnacle Lane in Shaver Lake. That home sold for $2.35 million.
An ad for the 3402 Reno Ave. home read: “Poised on six acres, Robert Boros' landscaped parcel is one of custom home builder Ed Cantania's finest homes. Inside find 7000 square feet of high quality construction and finish work, featuring an in-home theater, large office, two laundry rooms, game room, large downstairs master suite and an in-home gym, this premier property has it all. Radiant-floor heating, computerized lighting, solar power, gorgeous tile flooring. The spacious gourmet kitchen is open to the family room with plenty of bar seating, top grade appliances and a 147 bottle wine fridge. There are three large bedroom suites on the lower level and two suites upstairs. There is garage space for five, plus RV parking. The grounds feature lush new landscaping, an outdoor shower, self-cleaning pool with an automatic, child proof cover, an 85-foot Pergola cover for the gathering of friends and family and sweeping views of the Sierras. The onsite luxury stable offers stalls for three horses.”
A local business owner purchased the home. Sciarrone said the exquisite dwelling had multiple offers.
Overall, more $1 million-plus home sales increased in 2013, he said. The luxury home market is not as tight on inventory as in lower-priced homes, but competition to purchase some of the choice upscale homes has been great, Sciarrone said.
Sciarrone was listing agent for another $2 million-plus home sale at 11432 N. Queensberry Ave. in Fresno. The 7,412 square-foot home sold for $2.35 million on Sept. 6.
The home sits on nearly a half acre and is near the Copper River Country Club. Sherri Poindexter, Realtor for Rod Aluisi Real Estate in Fresno, was selling agent for the home.
Located nearby, a 7,884 square-foot home at 11441 N. Queensberry Ave. in Fresno came up just shy of the 11432 N. Queensberry home with a selling price of $2.3 million. It sits on .40 acres and was built in 2011.
Paula Conner, Realtor for London Properties, was listing agent for the property and Catherine Sawatsky, Realtor for Century 21 C. Watson Real Estate in Fresno, was selling agent.
Sciarrone was listing and selling agent for a home at 12431 N. Friant Rd. in Fresno that sold for $1.99 million. Built in 2006, it spans 8,826 square feet and has six bedrooms, five baths and 10 garage spaces. The sprawling structure sits on a nine-acre lot.
To develop the list of most expensive homes, MLS looks at homes selling for $900,000 or more. London Properties sold five of the top 20 highest-priced homes.
Rod Aluisi Real Estate sold four and Guarantee Real Estate had three.